March 4th News: On March 4th, Shandong Huayang Deer Chemical Co., Ltd. quoted the price of agricultural-grade potassium nitrate at 4,200 yuan per ton, a decrease of 100 yuan per ton compared to the previous quoted day, with an annual production capacity of 50,000 tons of potassium nitrate. Chempricehub analysis of potassium nitrate, long-short rating: -1. The article indicates that Shandong Huayang Deer Chemical's agricultural-grade potassium nitrate price has dropped by 100 yuan per ton to 4,200 yuan per ton, reflecting market oversupply or weak demand, which exerts downward pressure on spot prices. The company's annual production capacity of 50,000 tons may exacerbate supply pressure, reinforcing short-term bearish expectations. A rating of -1 indicates a generally bearish impact, and it is recommended to monitor subsequent changes in supply and demand.